Cwm LLC Lowers Stake in Invesco S&P SmallCap Health Care ETF (NASDAQ:PSCH)

Cwm LLC lowered its stake in shares of Invesco S&P SmallCap Health Care ETF (NASDAQ:PSCH) by 39.1% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 746 shares of the company’s stock after selling 479 shares during the quarter. Cwm LLC’s holdings in Invesco S&P SmallCap Health Care ETF were worth $32,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in PSCH. CIBC Private Wealth Group LLC lifted its holdings in Invesco S&P SmallCap Health Care ETF by 494.4% in the fourth quarter. CIBC Private Wealth Group LLC now owns 642 shares of the company’s stock valued at $30,000 after acquiring an additional 534 shares during the period. Bank of Montreal Can purchased a new stake in Invesco S&P SmallCap Health Care ETF in the 4th quarter valued at approximately $31,000. Kessler Investment Group LLC grew its holdings in Invesco S&P SmallCap Health Care ETF by 16.6% during the 1st quarter. Kessler Investment Group LLC now owns 2,753 shares of the company’s stock valued at $119,000 after buying an additional 391 shares during the last quarter. Citadel Advisors LLC raised its holdings in shares of Invesco S&P SmallCap Health Care ETF by 25.9% in the fourth quarter. Citadel Advisors LLC now owns 14,502 shares of the company’s stock worth $642,000 after acquiring an additional 2,981 shares during the last quarter. Finally, Raymond James Financial Inc. purchased a new stake in shares of Invesco S&P SmallCap Health Care ETF in the fourth quarter valued at $766,000.

Invesco S&P SmallCap Health Care ETF Stock Performance

Shares of PSCH opened at $38.33 on Tuesday. Invesco S&P SmallCap Health Care ETF has a fifty-two week low of $36.69 and a fifty-two week high of $49.05. The company has a market capitalization of $129.94 million, a PE ratio of 21.94 and a beta of 1.00. The stock has a fifty day moving average of $39.93 and a two-hundred day moving average of $41.86.

Invesco S&P SmallCap Health Care ETF Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, June 27th. Investors of record on Monday, June 23rd were given a dividend of $0.002 per share. The ex-dividend date of this dividend was Monday, June 23rd. This represents a $0.01 annualized dividend and a yield of 0.0%.

Invesco S&P SmallCap Health Care ETF Company Profile

PowerShares S&P SmallCap Health Care Portfolio (the Fund) seeks investment results that correspond generally to the price and yield performance of the index called the S&P SmallCap 600 Capped HealthCare Index (the Underlying Index). The Underlying Index consists of common stocks of the United States healthcare companies.